All of the companies traded on the Nasdaq have four-lettered tickers, which are representative of the actual company. For example, the ticker symbol for Nasdaq-traded Microsoft is MSFT. However, in some cases, a ticker symbol on the Nasdaq will have five letters where the fifth letter is an identifier symbol that tells market participants something about the company. Below is a list of all of the fifth-letter identifiers on the Nasdaq:
A- Class A Shares
B- Class B Shares
C- Issuer Qualification Exception (the company is not meeting all listing requirements but can remain on the exchange for the time being)
D- New Issue
E- Delinquent (in regard to SEC filings)
F- Foreign Issue
G- First Convertible Bond
H- Second Convertible Bond
I- Third Convertible Bond
M- Fourth Preferred Issue
N- Third Preferred Issue
O- Second Preferred Issue
P- First Preferred Issue
R- Rights Issue
S- Shares of Beneficial Interest
T- Securities with warrants or rights
V- When issued or when distributed (shares that are set to split or have another similar pending corporate actions)
Y- American Depository Receipt
Z or L - Miscellaneous Situation (research is required to investigate the exact reason for the identifier being attached)
When a ticker symbol changes it's usually not a good sign. Tickers of publicly traded companies generally only change for ... Read Answer >>
It's true that all mutual funds' tickers have an X at the end of their symbol. The reason for this is to distinguish between ... Read Answer >>
Discover whether or not hedge funds have ticker symbols, where you can find ticker symbols and the significance of a ticker ... Read Answer >>
The option ticker explains four main things about the option: the underlying stock, whether it is a call or a put option, ... Read Answer >>
Stocks found on the New York and American Stock Exchange will normally have symbols with three letters or fewer. On the other ... Read Answer >>
A stock ticker is a report of the price for certain securities, updated continuously throughout the trading session by the ... Read Answer >>
TradingA ticker symbol is a group of characters that represent a specific, publicly traded security that’s listed on an exchange.
InvestingStock tickers can say a lot about a company in just a few letters. Find out how to read them.
InvestingWe explain the meaning and use of that reel of symbols whizzing across your TV or computer screen.
InsightsNASDAQ is an acronym that stands for the National Association of Securities Dealers Automated Quotation system.
TradingThere is a wealth of information in the expanded option symbols, but they should make things easier for traders.
Managing WealthCurious about preferred shares? Here's what you should know about these bond-like instruments.
InsightsNASDAQ provides a marketplace which offers money-making opportunities to investors. Investopedia explains how NASDAQ makes money.
InvestingFind out why businesses choose this type of financing and what effect this has on investors.
InvestingA technical glitch described as a "critical issue" has halted trading in 199 tickers on the New York Stock Exchange.
An arrangement of characters (usually letters) representing a ...
1. An occasional fifth letter in a Nasdaq-traded company's ticker ...
An additional letter added onto four-letter ticker symbols to ...
A Nasdaq stock symbol specifying that the stock is a miscellaneous ...
The fifth character added to a stock symbol listed on the Nasdaq ...
A symbol that, when used as the fifth letter in a ticker symbol, ...